Steve Pearce Tells Furloughed Workers to Take Out Loans to Pay Bills

WASHINGTON — Rep. Steve Pearce (R-N.M.) has a suggestion for any of the hundreds of thousands of furloughed government workers worried about being able to pay their bills: take out a loan!

In a post on his personal Facebook page that was later deleted, Pearce urged government workers to call their banks and take out a short-term loan if money is tight.

“If you are a furloughed government employee, we encourage you to reach out to your financial institution as soon as you worry you may miss a paycheck,” read the post. “Don’t wait until you are behind on a bill; call now and explore your options.”

Or maybe they can go to Payday or one of the other short-term loan outfits. What’s the interest rate there, 5% a month?